FM reviews implementation of AatmaNirbhar Bharat package with secys

Banks have sanctioned additional credit amounting to Rs 2,05,563 crore to 80,93,491 borrowers under the Emergency Credit Line Guarantee Scheme (ECLGS).

The Rs 3 lakh crore ECLGS scheme was announced by the government early this year as part of AatmaNirbhar Bharat Package (ANBP) to provide liquidity support of medium and small sector in the time of the pandemic.

As per the progress tracked by the Centre, as on December 4, top 23 Private Sector Banks and 31 NBFCs, additional credit amounting to Rs. 2,05,563 crore has been sanctioned, while an amount of Rs. 1,58,626 crore has been disbursed to 40,49,489 borrowers.

The scheme was amended on November 26 and its duration has now been extended till December 31, 2021. Also, the turnover limit prescribed therein has been removed.

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